EQT Corporation (EQT)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		—	—	—	3.23	2.67	4.36	3.68	2.59	3.37	—	2.02	—	4.54	1.11	2.36	3.42	2.95	5.28	2.96	2.64
DOH	days	—	—	—	112.89	136.79	83.73	99.18	141.06	108.36	—	180.76	—	80.36	328.44	154.34	106.74	123.67	69.18	123.19	138.36

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for EQT Corporation has shown fluctuation over the past few years. In March 2020, the company had 138.36 days of inventory on hand, which decreased to 69.18 days by September 2020. This reduction in DOH indicates that the company was able to manage its inventory more efficiently during that period.

However, by June 2021, the DOH had increased significantly to 154.34 days, suggesting a potential buildup of inventory. This trend continued with a sharp increase to 328.44 days by September 2021, indicating potential challenges in inventory management and potentially tying up more capital in inventory.

The DOH decreased to 80.36 days by December 2021, suggesting some improvement in inventory management. The trend continued with fluctuations in subsequent periods, with DOH reaching as high as 180.76 days by June 2022 and dropping to 99.18 days by June 2023.

Overall, the company's DOH has shown variability, which may indicate fluctuations in demand, production levels, or inventory management practices. It would be important for EQT Corporation to closely monitor and analyze its inventory levels to ensure optimal efficiency and effective capital utilization.